Sudarshan Chemical Industries Limited — Board Meeting, 14-02-2025: Outcome of Board Meeting
14-02-2025 | 04:44 pm
14-02-2025 | 04:44 pm
The Board of Directors of Sudarshan Chemical Industries Limited has approved the unaudited financial results for the quarter and nine months ended 31st December 2024. Total income stood at ₹1996.14 crore, with a net profit of ₹88.76 crore. Additionally, the board sanctioned a corporate guarantee of up to €175 million for Sudarshan Europe B.V. This guarantee will be disclosed as a contingent liability in the standalone financial statements, highlighting the company's strategic support for its wholly-owned subsidiary. The board's decisions reflect ongoing efforts to strengthen financial positioning amidst expansion plans.
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